Trustees called to do 'all they can' in fight against scams

Trustees fearful of lack of engagement from members

Martin Richmond
clock • 1 min read
Watts-Lay: "It is time that trustees and employers do all they can to stop pension scammers in their tracks"
Image:

Watts-Lay: "It is time that trustees and employers do all they can to stop pension scammers in their tracks"

Almost all (92%) trustees fear scammers will target scheme members who are approaching their retirement, according to a Wealth at Work and Pensions Management Institute (PMI) survey.

Overcoming the risks at retirement surveyed a range of trustees on a variety of risks which members face as they approach their retirement. The survey also revealed that 73% of trustees are anxi...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here

Join now

 

Already a Professional Pensions
member?

Login

More on Industry

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Buzz: Should well-off pensioners get an honour to opt out of the state pension?

Pension honours, LGPS surpluses and Standard Life PRT venture

Professional Pensions
clock 24 August 2026 • 1 min read
Schemes need 'greater visibility' of how AI is being used in operations

Schemes need 'greater visibility' of how AI is being used in operations

Penfold says AI could make pensions better but warns the industry to adopt it responsibly

Holly Roach
clock 24 August 2026 • 2 min read
You can't fix pensions without a plan for an ageing Britain

You can't fix pensions without a plan for an ageing Britain

Patrick Heath-Lay says government must be clear about what the state pension provides

Patrick Heath-Lay
clock 24 August 2026 • 4 min read
Trustpilot